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S&P 500 edges higher as financial stocks offset software slump; AI fears linger
Wall Street rose as gains in Citigroup and JPMorgan offset losses in software stocks amid AI disruption fears. Investors await the Fed minutes.
AI revival infuses life in Indian IT shares: Nifty IT jumps 8% in 3 days, Infosys up 10% as demand fears ease
The Nifty IT index has surged nearly 8 percent in 3 sessions as investors realise that the artificial intelligence (AI) boom could prove to be an opportunity rather than a threat. Concerns that AI could disrupt traditional software business models have begun to ease.
Momentum Stocks: Dr Lal PathLabs, JHS Svendgaard, Dar Credit rally on sheer momentum
A few stocks saw sharp intraday moves and hit upper circuits. California Software, Omax Autos, Axiscades Technologies, Sterlite Technologies, DCM Shriram Fin were locked in the upper band, reflecting strong demand and limited supply—often a sign of bullish near-term sentiment.
Momentum Stocks: Visa Steel hits upper circuit; Adani Ports, Laurus Labs at new high
Visa Steel, California Software, Omax Autos, Axiscades Technologies, Sterlite Technologies, DCM Shriram Fin were locked in the upper band, reflecting strong demand and limited supply—often a sign of bullish near-term sentiment.
Oracle Financial Services shares fall 2% as post-US parent's Q4 results
Oracle Financial Services Software shares were trading at Rs 9,262, down Rs 208 or 2.20 percent, at 1:51 pm on the NSE.
KPIT Tech stock rating: Goldman Sachs cuts target price, sees flat FY27 revenue growth amid weak demand
Goldman Sachs cut its FY26-FY28 earnings per share estimates for KPIT Technologies by up to 15 percent, reflecting expectations of a slower recovery in spending on electric vehicle software and engineering programmes.